The Impact of Gambling on Society
Gambling is an activity where a person risks something of value (money, property or personal relationships) for the chance to win something of equal value. It is one of the world’s most popular pastimes, enjoyed by more than a billion people globally every year. It is considered by some to be a fun and entertaining activity, while others find it to be addictive.
It’s important to understand the reasons why a loved one may gamble excessively before you attempt to help them with their problem. It is often because of a combination of factors, including poor financial choices, underlying depression or anxiety, social isolation and a desire to escape from their problems. It can also be due to changes in the way the brain sends chemical messages, and genetic or psychological predispositions.
When gambling is an addiction, the short term relief it provides is offset by long term harms. The key is to learn how to relieve unpleasant feelings in healthier ways, such as exercising, spending time with friends who do not gamble, taking up new hobbies or practicing relaxation techniques.
Problematic gambling is often seen as a moral issue, but in reality it is an illness like any other. It can cause significant distress and damage to the gambler’s family, work, health and well-being, as well as to their community. It can lead to serious debt and bankruptcy, relationship difficulties and even homelessness.
A number of organisations provide support, assistance and counselling for those who are experiencing problems with their gambling. Some also offer treatment services. Some organisations even provide education and advocacy for the public on responsible gambling.
Many studies on gambling have focused on the economic benefits and costs, but the impact of gambling on society is complex and varies by individual. A common methodology for evaluating gambling impacts is to look at the financial, labor and health/wellbeing costs at the personal/interpersonal, community/societal and global/national levels.
In terms of the costs, research shows that most gambling-related harms are not monetary in nature. These include intangible harms such as the pain and suffering experienced by problem gamblers. They are, however, difficult to measure.
The monetary costs are more straightforward to calculate, but they do not take into account the external costs incurred by other members of the society/community. These are often ignored, as they are difficult to quantify.
When discussing gambling with a loved one, it is important to emphasise that the behaviour is not their fault and there are effective treatments available for their problems. It is also important to encourage them to reach out for help and remind them that they are not alone. It can be helpful to show them how gambling can affect the brain, and watch the real-life stories of those who have recovered from their addictions. It can also be helpful to set boundaries in managing money, including getting rid of credit cards, setting up automatic payments, closing online betting accounts and keeping a small amount of cash on hand.